RBF Capital LLC Boosts Stock Position in HF Sinclair Co. (NYSE:DINO)

RBF Capital LLC grew its holdings in HF Sinclair Co. (NYSE:DINO) by 400.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,000 shares of the company’s stock after purchasing an additional 60,000 shares during the period. RBF Capital LLC’s holdings in HF Sinclair were worth $2,629,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in DINO. EverSource Wealth Advisors LLC lifted its holdings in HF Sinclair by 53.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 934 shares of the company’s stock valued at $33,000 after buying an additional 327 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in HF Sinclair by 2.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 19,091 shares of the company’s stock worth $669,000 after purchasing an additional 367 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. increased its holdings in HF Sinclair by 0.6% during the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 64,275 shares of the company’s stock worth $2,253,000 after purchasing an additional 390 shares during the period. Evergreen Private Wealth LLC increased its holdings in HF Sinclair by 1.5% during the 4th quarter. Evergreen Private Wealth LLC now owns 26,754 shares of the company’s stock worth $938,000 after purchasing an additional 392 shares during the period. Finally, IFP Advisors Inc raised its position in HF Sinclair by 33.4% during the 4th quarter. IFP Advisors Inc now owns 1,666 shares of the company’s stock valued at $58,000 after purchasing an additional 417 shares in the last quarter. 88.29% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Barclays cut their price target on HF Sinclair from $35.00 to $29.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 16th. Mizuho reduced their price target on shares of HF Sinclair from $45.00 to $40.00 and set a “neutral” rating for the company in a report on Thursday, April 3rd. Morgan Stanley dropped their price objective on shares of HF Sinclair from $51.00 to $50.00 and set an “overweight” rating on the stock in a research note on Friday, March 14th. Piper Sandler set a $46.00 price objective on shares of HF Sinclair in a report on Friday, March 7th. Finally, Scotiabank lowered their target price on HF Sinclair from $51.00 to $49.00 and set a “sector outperform” rating for the company in a report on Friday, April 11th. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $45.10.

Insider Buying and Selling

In other HF Sinclair news, Director Franklin Myers acquired 5,000 shares of the firm’s stock in a transaction on Wednesday, February 26th. The stock was acquired at an average cost of $35.66 per share, for a total transaction of $178,300.00. Following the purchase, the director now owns 154,065 shares in the company, valued at approximately $5,493,957.90. The trade was a 3.35 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.28% of the stock is currently owned by company insiders.

HF Sinclair Trading Up 2.6 %

Shares of NYSE:DINO opened at $29.89 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.81 and a quick ratio of 0.90. The firm has a market capitalization of $5.63 billion, a P/E ratio of 36.45 and a beta of 1.00. The business’s 50-day moving average is $32.08 and its 200 day moving average is $36.61. HF Sinclair Co. has a 1 year low of $24.66 and a 1 year high of $58.73.

HF Sinclair (NYSE:DINO) last released its earnings results on Thursday, February 20th. The company reported ($1.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.91) by ($0.11). HF Sinclair had a return on equity of 1.98% and a net margin of 0.62%. The company had revenue of $6.50 billion during the quarter, compared to analyst estimates of $6.56 billion. On average, research analysts predict that HF Sinclair Co. will post 2.39 earnings per share for the current fiscal year.

HF Sinclair Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Thursday, March 6th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 6.69%. The ex-dividend date of this dividend was Thursday, March 6th. HF Sinclair’s payout ratio is 243.90%.

HF Sinclair Company Profile

HF Sinclair Corporation operates as an independent energy company. The company produces and markets gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, specialty and modified asphalt, and others. It owns and operates refineries located in Kansas, Oklahoma, New Mexico, Utah, Washington, and Wyoming; and markets its refined products principally in the Southwest United States and Rocky Mountains, Pacific Northwest, and in other neighboring Plains states.